ETH Whale: $35M Spot Buy Amid BTC Short
ETH whale acquires $35M in spot ETH while Bitcoin faces $102M short; ETH price at $1867.33 shows neutral RSI and bullish MACD on 4h chart.
SourceAnalysis
ETH accumulation continues as a whale purchased $35M in spot ETH without leverage, contrasting a separate $102M BTC short opened at 40x leverage near $64,202.
The move highlights conviction in ETH price prediction models that factor spot buying pressure over leveraged crypto market crash scenarios, with the position showing no immediate liquidation risk.
Price action on the 4h chart places ETH at $1867.33 testing the EMA50 resistance at $1876.67 while the EMA200 at $1831.23 acts as deeper support; the neutral RSI at 48.43 combined with the MACD golden cross at -2.06 suggests momentum may build once volatility contracts inside the Bollinger Bands between $1842.85 and $1889.06.
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